Ali replied on Monday, September 25, 2017 09:11 AM
Prism 9 development is lot more slow then they promised. Its been like 1.5 year and not even 20% of any block is yet completed and it is consisting of like 16 sectors that is huge. Looking at their pace i dont think so they will be able to give possession before 5 years for just upper blocks like A,C,Q and P that is discussed just few days ago by all experts here. Prism zone 1 would not be ready for like 4 years from now and i will add atleast 2 more years for it to yield a good rent. 2 years so that it becomes a little bit populated(getting even 500 houses) so wait is for like atleast 6 years. We already seen a little bit correction in phase 9 commercial and i think with passage of time it may see bit more correction as possession seems to be far way like 5 years.commercials become suucessful i-e yields a good rent when there is possession as well as lot more houses to come and shop there. |